IPO pipeline is bulging

The pipeline of European equity issues over the next few months is bulging despite the dramatic correction in technology stocks and the postponement of 25 deals in the past 10 days.

Analysis by Financial News of deals underway or in the pipeline suggest that June is set to be a record month, with nearly &euro50bn ($45.4bn) of new issues. There is already &euro75bn in the calendar for the second half of the year.